Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The Canadian mining company Firesteel Resources is reopening the gold mine 'Laiva' in Raahe and is recruiting some 120 employees, including both skilled workers and experts, to the site. The mine is expected to start production in August-September 2018.
The company invested EUR 20 million in the mine in 2017. In 2014, after being operational for three years, the previous owner shut down the site due to a lack of economic viability. Firesteel Resources says that the site holds one of the largest gold resources in the region and the aim is to produce two tons of gold per year.
Eurofound (2018), Firesteel Resources, Business expansion in Finland, factsheet number 93872, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/93872.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
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Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
